The agreement comes after months of negotiations between TSMC and the Arizona Building and Construction Trades Council.
The complex represents the largest single foreign direct investment in Arizona's history and will create thousands of permanent jobs.
TSMC and Arizona labor unions have reached an agreement to resolve labor disputes at TSMC's chip plant construction site in Phoenix.
Taiwan Semiconductor Manufacturing Co. (TSMC) and Arizona labor unions have reached an agreement to resolve labor disputes at TSMC's chip plant construction site in Phoenix, Arizona. The agreement comes after months of negotiations between TSMC and the Arizona Building and Construction Trades Council, a coalition of unions with 3,000 members on site. The accord outlines priorities for building the facility and installing machinery, covering training, safety, communication, and foreign workers. The agreement aims to address tensions between TSMC and the Arizona Building and Construction Trades.
TSMC chairman Mark Liu acknowledged the need to learn how to work with American workers and embrace criticism. The company is seeking public funding through the CHIPS Act to offset the project's budget. The complex represents the largest single foreign direct investment in Arizona's history and will create thousands of permanent jobs. The construction phase has been ongoing since 2021 and has provided prevailing-wage jobs for thousands of workers. The deal fulfills a key goal of the union, which is to reach a written agreement before the U.S. Department of Commerce allocates the first round of funds from the Chip Act.
The agreement comes after months of negotiations between TSMC and the Arizona Building and Construction Trades Council, a coalition of unions with 3,000 members on site.
The deal fulfills a key goal of the union, which is to reach a written agreement before the U.S. Department of Commerce allocates the first round of funds from the Chip Act.